While some are focusing on the possibility of a near-term rebound in the equity market, Gordon Fowler, chief investment officer at Glenmede Investments, says long-term earnings are the more important concern. “There has been a lot of wreckage in the market and it is possible that we will see more over the next few years,” he says.
“I’m Earl Scheib, and I can buy out that company for $19.95.” Or less, as it seems. Auto-paint company Earl Scheib, which trades over-the-counter, said it has retained Wedbush Morgan Securities to advise the firm on strategic alternatives.
Meanwhile, Applebee’s, in a press release today, is promoting “Sweater Day” to honor Fred Rogers, who was born March 20, 1928. Mr. Rogers died five years ago, a few weeks before his 75th birthday.
Technorati Tags: market
|
|
|
